Gelatin Market Size to Grow USD 5.1 billion by 2028 | Gelita AG, Darling Ingredients, Tessenderlo Group, Weishardt, Nitta Gelatin, Inc, Lapi Gelatine Spa, Trobas Gelatine B.V., India Gelatine & Chemicals Ltd, Sterling Biotech Group

The gelatin market is projected to grow from USD 3.7 billion in 2023 to USD 5.1 billion by 2028 growing at a CAGR of 6.6%during the forecast period. Food and beverage manufacturers are using gelatin in food products due the its functional properties like gelling, thickening, stabilizing, and other unique properties like enhancing food texture and taste. The gelatin is cheaper than the collagen peptides and also has more functional properties than the collagen peptides which helps in delivering increased profit margins. Gelatin is generally used in processed foods such as soft drinks, baked goods, candy, puddings, jams and jellies, canned foods, dairy products, and other food & beverages. Gelatin is majorly used for bakery and confectionery. Moreover, the rising trend of health consciousness, convenience food, and nutritious food is propelling the growth of the market.

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The food and beverage industry is the largest user of gelatin, accounting for around 60% of the global demand. It is used in the production of a variety of products such as confectionery, dairy products, meat products, and beverages. The demand for gelatin in the food industry is driven by the increasing popularity of functional foods and the growing awareness of the health benefits of collagen protein.

The pharmaceutical industry is another major user of gelatin, where it is used in the production of capsules, tablets, and coatings for drugs. Gelatin is also used in wound care products, surgical dressings, and other medical applications.

The personal care industry is a smaller but growing market for gelatin. It is used in the production of cosmetics and personal care products, including hair care, skin care, and nail care products.

Leading players profiled in this report:

Gelita AG (Germany)
Darling Ingredients (US)
Tessenderlo Group (Belgium)
Weishardt (France)
Nitta Gelatin, Inc. (US)
Lapi Gelatine Spa (Italy)
Trobas Gelatine B.V. (Netherlands)
India Gelatine & Chemicals Ltd. (India)
Sterling Biotech Group (India)
Roxlor (US)
Suheung (South Korea)
Ewald Gelatine GmbH (Germany)

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These companies are focusing on expanding their product portfolios, developing new applications for gelatin, and improving their production processes to meet the growing demand for gelatin in various industries.

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